Results 1 to 16 of 16
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03-10-2015, 12:45 PM #1
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
ISO Sign Up Fee
Anyone else get an email from WGF expressing they are accepting $3,000 to maintain a relationship with them as a referral broker?
Got a good laugh out of it.Last edited by GMFunding; 03-10-2015 at 12:52 PM.
Isaiah Clark
General Merchant Funding
Hartford, CT 06103
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03-10-2015, 12:47 PM #2
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03-10-2015, 12:49 PM #3jotucker1983Guest
Lol, yes, I got it on Thursday. They didn't even blind carbon copy the other email recipients. That had to be the most ridiculous email I have ever received from a Lender.
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03-10-2015, 12:58 PM #4
who is WGF, only because I would like to know who someone is before stating that they are ridiculous
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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03-10-2015, 01:03 PM #5
- Join Date
- Aug 2014
- Posts
- 109
world global finance ****ty lender
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03-10-2015, 02:14 PM #6
charging fees to the people that bring them business?
guess we know who's on the verge of going out of business nextAnthony Diamond
Underwriter
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03-10-2015, 03:43 PM #7
- Join Date
- Dec 2013
- Location
- Connecticut
- Posts
- 332
For the ones who didn't get to enjoy the LOL's
"Good afternoon,
We are currently in the process of severing ties with some unsuccessful ISO shops we work with and want to ensure we are taking on new successful partnerships in the future. We are now offering expedited registration for our potential new relationships for a $3000 sign up fee.
Please get in touch with me if you'd like to take advantage of this offer and I will get you registered and you will be able to submit files to us immediately. If you choose not to pursue this route, we will eventually sign on new ISOs in the order in which you reached out."Isaiah Clark
General Merchant Funding
Hartford, CT 06103
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03-10-2015, 04:06 PM #8
is that really the story you are sticking with??
With the current level of competition in the market do you truly believe that ISO's will pay $3000 to work with you when no other bank I know of asks for this?John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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03-10-2015, 04:12 PM #9
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03-10-2015, 04:34 PM #10
- Join Date
- Jul 2013
- Location
- Chicago
- Posts
- 10
Joe McCready
ISO Development Manager
Wellen Capital
Web: www.wellen.com
Email: jmccready@wellen.com
Direct: 847-736-0333
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03-11-2015, 09:49 AM #11
I have been doing this a while and have heard some pretty ridiculous and crazy things along the way.. This goes straight to the top of the list.
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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03-11-2015, 11:46 AM #12
This has to be the nuttiest thing a company has ever done in the MCA world, unless anyone else has some funny stories?
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03-11-2015, 12:08 PM #13
- Join Date
- Dec 2013
- Posts
- 4,713
that's crazy..if anything the strategy would be to pay the ISO's $3000 just to sign-up! (I actually make it up in the Double Digit Commission Structure).
Sign-up today! email me and ill send the ISO Package ASAP!
bizdev@cresthillcapital.com
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03-11-2015, 12:20 PM #14
Can I sign up with you, and you will pay me $3,000, and we can have lower commission?
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03-11-2015, 12:42 PM #15
- Join Date
- Aug 2014
- Posts
- 72
I'm charging Sean $15 for this forum post. Invoice is on the way!
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03-11-2015, 12:47 PM #16
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